Charlesworth & Son Limited - Filleted accounts

Registered number

00503540

Charlesworth & Son Limited

Report and Unaudited Accounts

31 December 2025

Collins

Chartered Accountants

West Midlands

Charlesworth & Son Limited
Registered number:		00503540
Balance Sheet
as at 31 December 2025


Notes		2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		22,399		31,752

Current assets
Stocks		64,500		69,500
Debtors	4	85,520		64,976
Cash at bank and in hand		53,960		52,860
		203,980		187,336

Creditors: amounts falling due within one year	5	(88,004)		(91,480)

Net current assets			115,976		95,856

Total assets less current liabilities			138,375		127,608


Provisions for liabilities			(3,767)		(5,955)

Net assets			134,608		121,653

Capital and reserves
Called up share capital			9,750		9,750
Profit and loss account			124,858		111,903

Shareholders' funds			134,608		121,653

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



M W Cummings
Director
Approved by the board on 15 June 2026

Charlesworth & Son Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 (as applicable to small companies), The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	20% reducing balance
	Motor vehicles	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are also recognised at transaction price including any transaction costs.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are also recognised at transaction price net of any transaction costs.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			7		7


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 January 2025	334,373		24,287		358,660
	Additions	1,887		-		1,887
	At 31 December 2025	336,260		24,287		360,547

	Depreciation
	At 1 January 2025	311,068		15,840		326,908
	Charge for the year	11,240		-		11,240
	At 31 December 2025	322,308		15,840		338,148

	Net book value
	At 31 December 2025	13,952		8,447		22,399
	At 31 December 2024	23,305		8,447		31,752




4	Debtors			2025		2024
£					£

	Trade debtors			77,909		57,535
	Prepayments and accrued income			7,611		7,441
				85,520		64,976


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			4,391		8,680
	Amounts owed to ultimate holding company			54,400		59,400
	Corporation tax			5,404		197
	Other taxes and social security costs			2,680		2,098
	Directors loans			14,068		14,129
	Accruals and deferred income			7,061		6,976
				88,004		91,480


6	Controlling party

	In the opinion of the directors the ultimate holding company is Cyril Charlesworth & Company Limited a company incorporated in England.


7	Other information

	Charlesworth & Son Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Wishaw Lane
	Curdworth
	Sutton Coldfield
	B76 9EL